Crypto Mufasa
Advertise
  • Crypto News
    • General News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
  • NFT NEWS
  • Beginner Guides
  • Price Predictions
  • Crypto Prices
No Result
View All Result
  • Login
  • Register
  • Crypto News
    • General News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
  • NFT NEWS
  • Beginner Guides
  • Price Predictions
  • Crypto Prices
No Result
View All Result
Crypto Mufasa
No Result
View All Result
Home Crypto Exchanges

Remitano Exchange Suffers $2.7M Hack, $1.4M of Tether Freeze

Hania by Hania
September 15, 2023
in Crypto Exchanges
Reading Time: 2 mins read
A A
0
Remitano Exchange Suffers $2.7M Hack, $1.4M of Tether Freeze
Share on FacebookShare on Twitter
ADVERTISEMENT

Table Of Content:

  • Remitano Heist Details
  • Lazarus Group In The Spotlight For North Korean Ties

Remitano reportedly loses $2.7M in a crypto hack as the Lazarus Group strikes again, with Tether’s $1.4M freeze offering recovery.

The Remitano cryptocurrency exchange encountered a security risk on Thursday. Suspicious withdrawals totalling over $2.7 million in various digital currencies took place. Tether promptly froze $1.4 million, protecting a large portion of the assets.

Remitano Heist Details

At 12:45 p.m., an alert was triggered when a recognizable Remitano hot wallet started transferring funds to an unknown address. The allegedly fraudulent transactions included Tether worth $1.4 million, USD Coin worth $208,000, and Ankr tokens worth $2,000 at the time. As a result, Cyvers, a blockchain analytics platform, released a quick alert to the crypto community.

Lazarus Group In The Spotlight For North Korean Ties

Remitano Exchange Suffers $2.7M Hack, $1.4M of Tether Freeze

You May AlsoLike

Gemini To Suspend Services In The Netherlands

Gemini To Suspend Services In The Netherlands

September 29, 2023
Crypto.com And PayPal Set To Dominate PYUSD Trading Worldwide

Crypto.com And PayPal Set To Dominate PYUSD Trading Worldwide

September 29, 2023

In addition, Remitano, which targets developing nations such as Ghana, Cambodia, and India, has not yet issued an official statement regarding the breach. Several Crypto exchange breaches in 2023 exposed private keys and caused major heists. 

Additionally, according to U.S. authorities, the Lazarus Group, which is thought to be associated with the North Korean government, is responsible for these unlawful acts. In addition to Remitano, the group has been reported to have stolen $41 million from the Stake gambling website and another $27 million from Coinex.

Furthermore, the Lazarus Group’s thefts, including the Stake platform hack, are likely to have totalled more than $200 million this year alone. The FBI has warned crypto companies to stay alert and avoid transactions linked to blacklisted addresses associated with the group.

Also Read: Stake.com’s $41 Million Heist: FBI Connects The Dots To North Korean Hacker Group Lazarus

While digital currencies have significant advantages, the possibility of high-value crime remains a concern. As these attacks increase in frequency, it emphasizes the significance of strong security processes and prompt remedies to safeguard investor assets.

Tags: crypto exchangecrypto newshackNorth Korea
Share76Tweet48
ADVERTISEMENT
Previous Post

Genesis Will Be Closing Its Crypto Services By September 21

Next Post

Market Watch: Critical Events Of The Week And Their Impact On Cryptocurrency And Finance

Hania

Hania

Hania is a 30-year-old blogger who used to be a teacher before entering the world of writing. She is originally from India and has been writing blogs on various topics for 2 years now. Hania is particularly interested in exploring the intersections of finance, technology, and cryptocurrency. Her experience as a teacher has given her unique insights into the ways in which digital media can be used to facilitate learning and engagement. Through her writing, Hania hopes to share her knowledge and learning of crypto industry with everyone.

Related Posts

Gemini To Suspend Services In The Netherlands
Crypto Exchanges

Gemini To Suspend Services In The Netherlands

September 29, 2023
Crypto.com And PayPal Set To Dominate PYUSD Trading Worldwide
Crypto Exchanges

Crypto.com And PayPal Set To Dominate PYUSD Trading Worldwide

September 29, 2023
Brazil’s Central Bank To Enforce Stricter Crypto Laws
Bitcoin News

Brazil’s Central Bank To Enforce Stricter Crypto Laws

September 28, 2023
Taiwan Enforces Ban On Unregistered Cryptocurrency Exchanges
Crypto Exchanges

Taiwan Enforces Ban On Unregistered Cryptocurrency Exchanges

September 28, 2023
Binance Advises Euro Users To Convert To USDT As Paysafe Ends Support
Crypto Exchanges

Binance Advises Euro Users To Convert To USDT As Paysafe Ends Support

September 28, 2023
Binance Market Share Drops From 75% To 54%
Crypto Exchanges

Binance Market Share Drops From 75% To 54%

September 27, 2023
Next Post
Market Watch: Critical Events Of The Week And Their Impact On Cryptocurrency And Finance

Market Watch: Critical Events Of The Week And Their Impact On Cryptocurrency And Finance

Discussion about this post

Live Prices

Stay Connected

You May Also Like

  • Terra Classic Price Prediction: What Is an Ideal LUNC Buy Zone?

    Terra Classic Price Prediction: What Is an Ideal LUNC Buy Zone?

    201 shares
    Share 80 Tweet 50
  • XRP’s Path To Success: 3 Reasons Ripple Could Explode In 2023

    199 shares
    Share 80 Tweet 50
  • Elon Musk’s Silence And Its Impact On DOGECOIN

    194 shares
    Share 78 Tweet 49
  • 3 Cryptocurrencies To Avoid Trading In The Upcoming Week

    194 shares
    Share 78 Tweet 49
  • Bitcoin (BTC) vs. Worldcoin (WLD) Comparative Study

    192 shares
    Share 77 Tweet 48
  • About Us
  • Contact Us
  • Work With Us
  • Privacy Policy
  • Terms Of Service

© 2022-2023 CryptoMufasa - All Rights Reserved!

No Result
View All Result
  • General News
  • Beginner Guides
  • Bitcoin News
  • Ethereum News
  • Altcoin News
  • NFT News
  • Price Predictions
  • Google News

© 2022-2023 CryptoMufasa - All Rights Reserved!

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

*By registering into our website, you agree to the Terms Of Services and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Table Of Content:

×
  • Remitano Heist Details
  • Lazarus Group In The Spotlight For North Korean Ties
→ Index
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.